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Global Insurance Business Process Services Market Research Report 2022

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Table of Contents

    1 Report Overview

    • 1.1 Study Scope
    • 1.2 Market Analysis by Type
      • 1.2.1 Global Insurance Business Process Services Market Size Growth Rate by Type: 2017 VS 2021 VS 2028
      • 1.2.2 Development
      • 1.2.3 Marketing
      • 1.2.4 Administration
      • 1.2.5 Asset Management
      • 1.2.6 Claims Management
    • 1.3 Market by Application
      • 1.3.1 Global Insurance Business Process Services Market Share by Application: 2017 VS 2021 VS 2028
      • 1.3.2 BFSI
      • 1.3.3 Manufacturing
      • 1.3.4 Healthcare
      • 1.3.5 Retail
      • 1.3.6 Telecom
      • 1.3.7 Others
    • 1.4 Study Objectives
    • 1.5 Years Considered

    2 Global Growth Trends

    • 2.1 Global Insurance Business Process Services Market Perspective (2017-2028)
    • 2.2 Insurance Business Process Services Growth Trends by Region
      • 2.2.1 Insurance Business Process Services Market Size by Region: 2017 VS 2021 VS 2028
      • 2.2.2 Insurance Business Process Services Historic Market Size by Region (2017-2022)
      • 2.2.3 Insurance Business Process Services Forecasted Market Size by Region (2023-2028)
    • 2.3 Insurance Business Process Services Market Dynamics
      • 2.3.1 Insurance Business Process Services Industry Trends
      • 2.3.2 Insurance Business Process Services Market Drivers
      • 2.3.3 Insurance Business Process Services Market Challenges
      • 2.3.4 Insurance Business Process Services Market Restraints

    3 Competition Landscape by Key Players

    • 3.1 Global Top Insurance Business Process Services Players by Revenue
      • 3.1.1 Global Top Insurance Business Process Services Players by Revenue (2017-2022)
      • 3.1.2 Global Insurance Business Process Services Revenue Market Share by Players (2017-2022)
    • 3.2 Global Insurance Business Process Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    • 3.3 Players Covered: Ranking by Insurance Business Process Services Revenue
    • 3.4 Global Insurance Business Process Services Market Concentration Ratio
      • 3.4.1 Global Insurance Business Process Services Market Concentration Ratio (CR5 and HHI)
      • 3.4.2 Global Top 10 and Top 5 Companies by Insurance Business Process Services Revenue in 2021
    • 3.5 Insurance Business Process Services Key Players Head office and Area Served
    • 3.6 Key Players Insurance Business Process Services Product Solution and Service
    • 3.7 Date of Enter into Insurance Business Process Services Market
    • 3.8 Mergers & Acquisitions, Expansion Plans

    4 Insurance Business Process Services Breakdown Data by Type

    • 4.1 Global Insurance Business Process Services Historic Market Size by Type (2017-2022)
    • 4.2 Global Insurance Business Process Services Forecasted Market Size by Type (2023-2028)

    5 Insurance Business Process Services Breakdown Data by Application

    • 5.1 Global Insurance Business Process Services Historic Market Size by Application (2017-2022)
    • 5.2 Global Insurance Business Process Services Forecasted Market Size by Application (2023-2028)

    6 North America

    • 6.1 North America Insurance Business Process Services Market Size (2017-2028)
    • 6.2 North America Insurance Business Process Services Market Size by Country (2017-2022)
    • 6.3 North America Insurance Business Process Services Market Size by Country (2023-2028)
    • 6.4 United States
    • 6.5 Canada

    7 Europe

    • 7.1 Europe Insurance Business Process Services Market Size (2017-2028)
    • 7.2 Europe Insurance Business Process Services Market Size by Country (2017-2022)
    • 7.3 Europe Insurance Business Process Services Market Size by Country (2023-2028)
    • 7.4 Germany
    • 7.5 France
    • 7.6 U.K.
    • 7.7 Italy
    • 7.8 Russia
    • 7.9 Nordic Countries

    8 Asia-Pacific

    • 8.1 Asia-Pacific Insurance Business Process Services Market Size (2017-2028)
    • 8.2 Asia-Pacific Insurance Business Process Services Market Size by Country (2017-2022)
    • 8.3 Asia-Pacific Insurance Business Process Services Market Size by Country (2023-2028)
    • 8.4 China
    • 8.5 Japan
    • 8.6 South Korea
    • 8.7 Southeast Asia
    • 8.8 India
    • 8.9 Australia

    9 Latin America

    • 9.1 Latin America Insurance Business Process Services Market Size (2017-2028)
    • 9.2 Latin America Insurance Business Process Services Market Size by Country (2017-2022)
    • 9.3 Latin America Insurance Business Process Services Market Size by Country (2023-2028)
    • 9.4 Mexico
    • 9.5 Brazil

    10 Middle East & Africa

    • 10.1 Middle East & Africa Insurance Business Process Services Market Size (2017-2028)
    • 10.2 Middle East & Africa Insurance Business Process Services Market Size by Country (2017-2022)
    • 10.3 Middle East & Africa Insurance Business Process Services Market Size by Country (2023-2028)
    • 10.4 Turkey
    • 10.5 Saudi Arabia
    • 10.6 UAE

    11 Key Players Profiles

    • 11.1 Genpact
      • 11.1.1 Genpact Company Detail
      • 11.1.2 Genpact Business Overview
      • 11.1.3 Genpact Insurance Business Process Services Introduction
      • 11.1.4 Genpact Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.1.5 Genpact Recent Development
    • 11.2 EXL Services Holdings
      • 11.2.1 EXL Services Holdings Company Detail
      • 11.2.2 EXL Services Holdings Business Overview
      • 11.2.3 EXL Services Holdings Insurance Business Process Services Introduction
      • 11.2.4 EXL Services Holdings Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.2.5 EXL Services Holdings Recent Development
    • 11.3 Cognizant
      • 11.3.1 Cognizant Company Detail
      • 11.3.2 Cognizant Business Overview
      • 11.3.3 Cognizant Insurance Business Process Services Introduction
      • 11.3.4 Cognizant Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.3.5 Cognizant Recent Development
    • 11.4 Xchanging (DXC Technology)
      • 11.4.1 Xchanging (DXC Technology) Company Detail
      • 11.4.2 Xchanging (DXC Technology) Business Overview
      • 11.4.3 Xchanging (DXC Technology) Insurance Business Process Services Introduction
      • 11.4.4 Xchanging (DXC Technology) Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.4.5 Xchanging (DXC Technology) Recent Development
    • 11.5 Dell
      • 11.5.1 Dell Company Detail
      • 11.5.2 Dell Business Overview
      • 11.5.3 Dell Insurance Business Process Services Introduction
      • 11.5.4 Dell Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.5.5 Dell Recent Development
    • 11.6 TCS
      • 11.6.1 TCS Company Detail
      • 11.6.2 TCS Business Overview
      • 11.6.3 TCS Insurance Business Process Services Introduction
      • 11.6.4 TCS Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.6.5 TCS Recent Development
    • 11.7 Sutherland Global Services
      • 11.7.1 Sutherland Global Services Company Detail
      • 11.7.2 Sutherland Global Services Business Overview
      • 11.7.3 Sutherland Global Services Insurance Business Process Services Introduction
      • 11.7.4 Sutherland Global Services Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.7.5 Sutherland Global Services Recent Development
    • 11.8 WNS Holdings
      • 11.8.1 WNS Holdings Company Detail
      • 11.8.2 WNS Holdings Business Overview
      • 11.8.3 WNS Holdings Insurance Business Process Services Introduction
      • 11.8.4 WNS Holdings Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.8.5 WNS Holdings Recent Development
    • 11.9 Accenture
      • 11.9.1 Accenture Company Detail
      • 11.9.2 Accenture Business Overview
      • 11.9.3 Accenture Insurance Business Process Services Introduction
      • 11.9.4 Accenture Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.9.5 Accenture Recent Development
    • 11.10 Tech Mahindra
      • 11.10.1 Tech Mahindra Company Detail
      • 11.10.2 Tech Mahindra Business Overview
      • 11.10.3 Tech Mahindra Insurance Business Process Services Introduction
      • 11.10.4 Tech Mahindra Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.10.5 Tech Mahindra Recent Development
    • 11.11 Xerox
      • 11.11.1 Xerox Company Detail
      • 11.11.2 Xerox Business Overview
      • 11.11.3 Xerox Insurance Business Process Services Introduction
      • 11.11.4 Xerox Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.11.5 Xerox Recent Development
    • 11.12 MphasiS
      • 11.12.1 MphasiS Company Detail
      • 11.12.2 MphasiS Business Overview
      • 11.12.3 MphasiS Insurance Business Process Services Introduction
      • 11.12.4 MphasiS Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.12.5 MphasiS Recent Development
    • 11.13 Capita
      • 11.13.1 Capita Company Detail
      • 11.13.2 Capita Business Overview
      • 11.13.3 Capita Insurance Business Process Services Introduction
      • 11.13.4 Capita Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.13.5 Capita Recent Development
    • 11.14 Serco Group
      • 11.14.1 Serco Group Company Detail
      • 11.14.2 Serco Group Business Overview
      • 11.14.3 Serco Group Insurance Business Process Services Introduction
      • 11.14.4 Serco Group Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.14.5 Serco Group Recent Development
    • 11.15 Computer Sciences
      • 11.15.1 Computer Sciences Company Detail
      • 11.15.2 Computer Sciences Business Overview
      • 11.15.3 Computer Sciences Insurance Business Process Services Introduction
      • 11.15.4 Computer Sciences Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.15.5 Computer Sciences Recent Development
    • 11.16 HCL
      • 11.16.1 HCL Company Detail
      • 11.16.2 HCL Business Overview
      • 11.16.3 HCL Insurance Business Process Services Introduction
      • 11.16.4 HCL Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.16.5 HCL Recent Development
    • 11.17 IGate
      • 11.17.1 IGate Company Detail
      • 11.17.2 IGate Business Overview
      • 11.17.3 IGate Insurance Business Process Services Introduction
      • 11.17.4 IGate Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.17.5 IGate Recent Development
    • 11.18 Infosys
      • 11.18.1 Infosys Company Detail
      • 11.18.2 Infosys Business Overview
      • 11.18.3 Infosys Insurance Business Process Services Introduction
      • 11.18.4 Infosys Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.18.5 Infosys Recent Development
    • 11.19 Syntel
      • 11.19.1 Syntel Company Detail
      • 11.19.2 Syntel Business Overview
      • 11.19.3 Syntel Insurance Business Process Services Introduction
      • 11.19.4 Syntel Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.19.5 Syntel Recent Development
    • 11.20 Exlservice Holdings
      • 11.20.1 Exlservice Holdings Company Detail
      • 11.20.2 Exlservice Holdings Business Overview
      • 11.20.3 Exlservice Holdings Insurance Business Process Services Introduction
      • 11.20.4 Exlservice Holdings Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.20.5 Exlservice Holdings Recent Development
    • 11.21 Invensis
      • 11.21.1 Invensis Company Detail
      • 11.21.2 Invensis Business Overview
      • 11.21.3 Invensis Insurance Business Process Services Introduction
      • 11.21.4 Invensis Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.21.5 Invensis Recent Development
    • 11.22 Wipro
      • 11.22.1 Wipro Company Detail
      • 11.22.2 Wipro Business Overview
      • 11.22.3 Wipro Insurance Business Process Services Introduction
      • 11.22.4 Wipro Revenue in Insurance Business Process Services Business (2017-2022)
      • 11.22.5 Wipro Recent Development

    12 Analyst's Viewpoints/Conclusions

      13 Appendix

      • 13.1 Research Methodology
        • 13.1.1 Methodology/Research Approach
        • 13.1.2 Data Source
      • 13.2 Disclaimer

      Summary:

      Industry Insights
      The global Insurance Business Process Services market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.
      Fully considering the economic change by this health crisis, Development accounting for % of the Insurance Business Process Services global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While BFSI segment is altered to an % CAGR throughout this forecast period.
      China Insurance Business Process Services market size is valued at US$ million in 2021, while the North America and Europe Insurance Business Process Services are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Insurance Business Process Services landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
      With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Insurance Business Process Services market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Insurance Business Process Services market in terms of revenue.
      Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Insurance Business Process Services market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Insurance Business Process Services market.
      Impact of Covid-19 Outbreak
      This section of the report has explored the overall status of the Covid scenario and has offered valuable insights into the changes in supply chain disruption, fluctuations in demand, etc. The analysts have also focused on the key measures that the companies are opting to withstand the harsh scenario.
      Segmental Analysis
      The report has been segmented into product and application segments. The researchers have documented all the products present today in the Insurance Business Process Services market. They have also shed light on the new product innovations and launches by the key players. In the segmental analysis, the analysts have provided revenue forecast figures based on type and application for the period 2017-2028. They have also discussed about the growth rate and potential of each segment for the period 2017-2028.
      Insurance Business Process Services Breakdown Data by Type
      Development
      Marketing
      Administration
      Asset Management
      Claims Management
      Insurance Business Process Services Breakdown Data by Application
      BFSI
      Manufacturing
      Healthcare
      Retail
      Telecom
      Others
      Regional Analysis
      North America
      United States
      Canada
      Europe
      Germany
      France
      UK
      Italy
      Russia
      Nordic Countries
      Rest of Europe
      Asia-Pacific
      China
      Japan
      South Korea
      Southeast Asia
      India
      Australia
      Rest of Asia
      Latin America
      Mexico
      Brazil
      Rest of Latin America
      Middle East & Africa
      Turkey
      Saudi Arabia
      UAE
      Rest of MEA
      Competitive Landscape
      This segment focuses on the key players operating in the industry. It underlines all the current and future activities by the prominent manufacturers. By understanding various initiatives being taken up by different players, readers will gain the ability to settle on correct business choices. The authors of the report have provided accurate revenue figures of the companies for the period 2017-2022. The clients are sure to gain the upper hand once they get hold of this report. Key players studied in the research report include:
      Genpact
      EXL Services Holdings
      Cognizant
      Xchanging (DXC Technology)
      Dell
      TCS
      Sutherland Global Services
      WNS Holdings
      Accenture
      Tech Mahindra
      Xerox
      MphasiS
      Capita
      Serco Group
      Computer Sciences
      HCL
      IGate
      Infosys
      Syntel
      Exlservice Holdings
      Invensis
      Wipro
      Frequently Asked Questions
      What factors will challenge the Insurance Business Process Services market growth?
      Which end-use segment will expand at the fastest CAGR in the Insurance Business Process Services market?
      Which are the emerging players in the Insurance Business Process Services market?
      How concentrated is the Insurance Business Process Services market?
      Which factors are positively contributing to the Insurance Business Process Services market growth?
      Which are the novel product innovations in the Insurance Business Process Services market?
      Which product segment will emerge as the most lucrative in the Insurance Business Process Services market?
      Which factors are increasing the competition in the Insurance Business Process Services market?
      Which are the strategic measures taken by the Insurance Business Process Services industry players?
      Which region will witness inactive growth during the forecast period?
      What key trends are likely to emerge in the Insurance Business Process Services market in the coming years?

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